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60,000 SF Sublease Available
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4949 East Raines Rd, Memphis, TN

60,000 SF industrial sublease with heavy power and secure yard.

Space Size45,000 SF
Lot Size12.94 Acres
Days on Market653

Property Features for 4949 East Raines Rd

General Information

Standard status Active
Size 45,000 SF
Lot size 12.94 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 4949 East Raines Rd Contact us

4949 E Raines Rd

Floor
1
Size
45,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- +/- 60,000 SF Sublease Available - Term through January 2030 - Small office with...
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Listing Agency: Cushman & Wakefield | Commercial Advisors - Memphis
Listed By: Kemp Conrad
Source: Moodyscre
Added: Oct 30, 2024 Changed: Aug 8 Last Checked: Aug 12 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Commercial Advisors - Memphis

Investment Insights

Based on property information with market context.

This +/- 60,000 SF sublease is available through January 2030. The space includes a small office with a restroom. The warehouse features a 22’ clear height, seven 8’ x 10’ dock-high doors (five with pit levelers), and one 10’ x 12’ drive-in door. The property is fully fenced and secured. T-5 lighting is installed throughout the space, and an ESFR sprinkler system is in place. There is abundant car and trailer parking available, along with a covered outdoor cooking/break area. The property benefits from heavy industrial zoning in the Southeast submarket, heavy power, and easy road access. It is intermediate adjacent to BNSF Railway.

Key Highlights

  • +/- 60,000 SF Sublease Available with Term through January 2030
  • Heavy industrial zoning in sought after Southeast submarket
  • Abundant car and trailer parking

Property Analytics

Current Use

Torin Drive International General Contractor

Suggested Use

Top Pick Restaurant Real Estate Agency Parking Lot & Garage Pharmacy Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Memphis, TN

$9.78 /SF/Yr
Avg Asking Price
$7.5–$12 /SF/Yr
Price Range
71,113 SF
Avg Space Size

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Good To Go, Inc. 4727 Burbank Rd, Memphis, TN 38118
  • The Armstrong Company 4690 Hungerford Rd, Memphis, TN 38118

Frequently Asked Questions

What type of property is this?
Warehouse - 60,000 SF industrial sublease with heavy power and secure yard.
Where is this warehouse located?
The property is located at 4949 East Raines Rd Memphis, TN.
What are key features of this property?
This property features: +/- 60,000 SF Sublease Available with Term through January 2030; Heavy industrial zoning in sought after Southeast submarket; Abundant car and trailer parking
(901) 292-4653 Call to check price and availability
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